JPMorgan Chase & Co. Purchases 54,248 Shares of Tutor Perini Corporation $TPC

JPMorgan Chase & Co. lifted its position in Tutor Perini Corporation (NYSE:TPC) by 15.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 406,546 shares of the construction company’s stock after purchasing an additional 54,248 shares during the quarter. JPMorgan Chase & Co. owned about 0.77% of Tutor Perini worth $26,665,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. Plato Investment Management Ltd boosted its position in shares of Tutor Perini by 5,803.4% during the 3rd quarter. Plato Investment Management Ltd now owns 6,966 shares of the construction company’s stock valued at $453,000 after acquiring an additional 6,848 shares during the last quarter. Thompson Davis & CO. Inc. purchased a new stake in Tutor Perini in the third quarter valued at approximately $784,000. BI Asset Management Fondsmaeglerselskab A S bought a new stake in Tutor Perini during the third quarter valued at approximately $5,177,000. Navellier & Associates Inc. bought a new stake in Tutor Perini during the third quarter valued at approximately $1,433,000. Finally, Convergence Investment Partners LLC purchased a new position in Tutor Perini in the 3rd quarter worth approximately $1,315,000. Institutional investors own 65.01% of the company’s stock.

Tutor Perini Trading Down 15.8%

Shares of TPC stock opened at $75.26 on Friday. The business has a 50-day moving average of $76.93 and a 200 day moving average of $68.36. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.30 and a quick ratio of 1.30. Tutor Perini Corporation has a 1-year low of $18.33 and a 1-year high of $89.51. The stock has a market capitalization of $3.97 billion, a PE ratio of 49.52 and a beta of 2.21.

Tutor Perini (NYSE:TPC) last announced its quarterly earnings results on Thursday, February 26th. The construction company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.15. The business had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.35 billion. Tutor Perini had a return on equity of 18.15% and a net margin of 1.45%.The business’s quarterly revenue was up 41.2% on a year-over-year basis. During the same period in the previous year, the firm earned ($1.49) EPS. Tutor Perini has set its FY 2026 guidance at 4.900-5.300 EPS.

Tutor Perini Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Tuesday, March 10th will be given a dividend of $0.06 per share. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $0.24 annualized dividend and a yield of 0.3%. Tutor Perini’s dividend payout ratio is presently -45.28%.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. UBS Group raised their price objective on shares of Tutor Perini from $67.00 to $86.00 and gave the company a “buy” rating in a research report on Thursday, November 6th. B. Riley Financial reissued a “buy” rating on shares of Tutor Perini in a research note on Thursday, November 6th. Weiss Ratings restated a “sell (d-)” rating on shares of Tutor Perini in a research report on Wednesday, January 21st. Finally, Wall Street Zen cut Tutor Perini from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 22nd. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Tutor Perini has a consensus rating of “Hold” and a consensus price target of $80.50.

Tutor Perini News Summary

Here are the key news stories impacting Tutor Perini this week:

• Positive Sentiment: Q4 outperformance — Tutor Perini reported $1.07 EPS vs. $0.92 expected and revenue of $1.51B (up 41.2% YoY), driven by record revenue growth. These results show strong top‑line momentum. Earnings Press Release
• Positive Sentiment: Raised FY‑2026 guidance — Management set EPS guidance of $4.90–$5.30, modestly above consensus (4.78), signaling confidence in 2026 execution and continuing backlog conversion. Guidance Detail
• Positive Sentiment: Management commentary / call highlights emphasize strategic growth and record revenue trends, reinforcing the beat and guidance narrative. Call Highlights
• Neutral Sentiment: Dividend declared — Tutor Perini declared a $0.06 quarterly dividend (annualized yield ~0.3%; ex‑div March 10), a small signal of cash return but not likely a material driver for the stock.
• Neutral Sentiment: Earnings call transcript is available for deeper read — investors can review management’s details on margins, backlog and assumptions. Earnings Transcript
• Negative Sentiment: Market reaction / profit‑taking — Despite the beat and raised guidance, the stock sold off sharply. Commentary and analysis note the decline may reflect profit‑taking after a recent run, elevated intraday volume, and the stock’s high beta (volatility), rather than a fundamental reversal. Why Did Tutor Perini Stock Drop Today?
• Negative Sentiment: Remaining concerns — Some investors may be focusing on provision/margin dynamics (reported negative net margin on a GAAP basis) and the company’s historical earnings variability; these issues can temper enthusiasm and amplify volatility. Financial Details

Tutor Perini Company Profile

Tutor Perini Corporation is a leading U.S. construction company that provides diversified general contracting, construction management and design-build services to private clients and public agencies. The company operates through three principal market segments—Civil, Building and Specialty Contractors—serving a broad range of infrastructure and vertical construction needs.

In its Civil segment, Tutor Perini delivers heavy civil infrastructure projects including highways and bridges, water management, dams, tunnels and rail systems.